{"data":{"id":"us-gu/11-gca-106721","jurisdiction":"us-gu","citation":"11 GCA § 106721","heading":"Right of Foreign Banking Corporation to Engage in Business.","body":"A foreign banking corporation shall not engage in the banking or trust business on Guam, unless it is licensed to do so pursuant to the provisions of § 106725, and unless it first complies with all the provisions of this Chapter and Chapter 7 of Title 18 of the Guam Code Annotated, and then only to the extent expressly permitted in this Chapter, or by regulations of the Board. In transacting such business a foreign banking corporation shall comply with all applicable provisions of this Title and of the laws of Guam.","path":["Title 11: Finance and Taxation","Division 4 - Banks and Banking","Chapter 106: Banks","ARTICLE 7: FOREIGN BANKING CORPORATIONS","SUBARTICLE B: TRANSACTION OF BUSINESS"],"source_url":"https://col.guamcourts.gov/sites/default/files/11gc106.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T03:18:18Z","sha256":"af8fe6105aa13fab17e7a2dfb1968b7e0a3305987ca0852e253fcd9565013113","source_id":"us-gu","stale":false,"prev":"us-gu/11-gca-106701","next":"us-gu/11-gca-106722"},"notice":"GroundRules: Original legal text. Not legal advice."}